here in new york, it was the annual extravaganza over the hudson river. in chicago, thousands turned out to watch at navy pier on lake michigan. in houston, music and fireworks at the freedom over texas show. and in los angeles, a stunning display at cbs studio city. in washington this morning, we can expect fireworks of another kind, as senate republicans and democrats return to work on a deal to raise the nation's debt limit. house members return tomorrow. joel brown is in washington with more on this. good morning, joel. so, what are the chances an agreement can be reached soon? >> well, betty, let's put it this way, if democrats and republicans are getting closer to a deal on the debt limit, they're taking baby steps. the senate may be cutting its holiday recess short, but it's unclear just how much work will get done. republicans and democrats remain at odds over how to raise the nation's debt limit. the biggest sticking point, taxes.